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Change of Code of Ethics Training Requirement From Quadrennial to Biennial
The requirement for REALTORS® to complete Code of Ethics training changed to a biennial requirement (every two years) in November 2014 by action of the National Association’s Executive Committee and Board of Directors. This change originated as a recommendation from the REALTOR® of the Future Work Group. The first biennial cycle began January 1, 2017 and will end December 31, 2018. More information and background on the new two-year requirement can be found here.
About the Training Requirement
REALTORS® are required to complete ethics training of not less than 2 hours, 30 min. of instructional time within a two-year cycle. This biennial cycle will end on December 31, 2018 giving MCAR members roughly 9 months to complete the course to ensure compliance. As of today, roughly 1100 MCAR REALTOR® members have yet to complete this training requirement. The course is free and can be completed online by clicking here.
What happens if a REALTOR® doesn’t meet the training requirement on time?
Failure to meet the requirement for a given cycle will result in suspension of membership for the first two months (January and February) of the year following the end of any cycle or until the requirement is met, whichever occurs sooner. On March 1 of that year, the membership of a member who is still suspended as of that date will be automatically terminated.
Please do not hesitate to reach out to us with any questions you may have or to inquire as to the status of your compliance for this cycle.